• FxWirePro: Aussie trades marginally lower after rba’s monetary policy meeting minutes

    Source: FxWire Pro - Technicals / 19 Mar 2018 21:31:34   Eastern Standard Time

    • AUD/NZD is currently trading around 1.0645 marks.
       
    • Pair made intraday high at 1.0664 and low at 1.0639 marks.
       
    • Intraday bias remains neutral till the time pair holds key support at 1.0636 mark.
       
    • A sustained close above 1.0653 will drag the parity higher towards key resistances at 1.0692/1.0802/1.0945/1.1072/1.1113 levels respectively.
       
    • Alternatively, a daily close below 1.0653 will take the parity down towards key supports around 1.0550/1.0443/1.0380/1.0305 marks respectively.
       
    • Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
       
    • Australia's S&P/ASX 200 index down 0.45 pct at 5,932.60 points in early trade.
       
    • Australia Q4 home price index increase to 1 % vs previous -0.2 %.

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